The Building Tradesman Newspaper

Stretched funding rules give pension plans a much-needed break

Christmas for the nation's pension plans came a little early last year, as President Bush on Dec. 23 signed legislation that is expected to provide some relief for single- and multi-employer retirement plans. ..

Most building trades pension plans are healthy, but negative numbers lurk

A survey released in December on the financial status of multi-employer pension plans - such as those that cover building trades unions - finds an increasing number of patients on the sick list, but an overall healthy population. ..

Topped out C.S. Mott Hospital replacement 'right on schedule'

ANN ARBOR - The structural steel's up at the massive C.S. Mott Children's and Women's Hospital Replacement Project, but it's only the first major milestone that can be marked as "finished" in the process of completing one of the largest construction projects in Michigan. ..

'Devastating' outlook for U.S. construction without stimulus

If the current dismal work prospects in the U.S. come to fruition, it would be "simply devastating" to the U.S. construction industry, with job layoffs amounting to nearly one-third of U.S. building trades workers. ..

Job losses explode in final quarter of 2008

Employment in the U.S. construction industry is hurting, but Hardhats have plenty of company. ..

A few simple truths to guide the way…

By John Sweeney
AFL-CIO President

News Briefs